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January 29, 2020
Black Teen Becomes First NASCAR Driver With Autism
Armani Williams, a 19-year old professional race car driver from Detroit, is the first-ever NASCAR driver with autism. He has been using his career as a platform to spread awareness about being autistic, proving that despite the disorder, people like him can still be great in what they focus on.
January 20, 2020
3-Time Olympic Champion Dominique Dawes to Open Her Own Gymnastics Academy
Dominique Dawes is a three-time Olympic champion and the first Black woman to have won an individual Olympic medal in women's gymnastics. Now at 43-years old, Dawes is taking on a new journey as an entrepreneur and is planning to open her very own gymnastics academy in Maryland.
January 17, 2020
How Kobe Bryant Turned $6 Million into $200 Million
Retired NBA star Kobe Bryant has already proven that his greatness transcends from the basketball court to the business world. Through his investment firm, BryantStibel, he made his first investment in the sports drink BodyArmor. And within just 4 years, his return on investment has multiplied by more than 30 times - one of the the biggest investment returns for an athlete in the business world.
January 2, 2020
Female Athlete Makes History; Signs Record-Breaking Deal to Play Women's Football
Having navigated the ranks of track, rugby and flag football in the past; exceptional athlete & prominent influencer Santia Deck recently announced her latest win - a multi-million dollar contract with the Women's Football League Association (WFLA).
November 14, 2019
Stephen A. Smith is Now the Highest Paid Sportscaster on ESPN
Stephen A. Smith, a 51-year old sports television personality for ESPN, has recently signed a new 5-year contract with the network worth $8 million a year. That makes him the highest paid sportscaster on the network.
October 16, 2019
Master P is Now the Owner of a Professional Wrestling League
Percy "Master P" Miller, a former basketball player turned rapper/ entrepreneur, continues to make boss moves to further grow his business portfolio. He recently purchased House of Glory, a professional wrestling league, and is now planning to dominate the business side of the wrestling industry.
September 3, 2019
This Former Major League Baseball Player Now Owns the 3rd Largest Black-Owned Car Dealership in the U.S.
Dorian Boyland used to be a professional baseball player during the 1970s, but is now a 34-year veteran in the automotive business. He founded Boyland Auto Group in 1985, just two years after retiring from the sport. Since then, the company has grown to be very successful and is now the third largest Black-owned car dealership. In fact, he made $654 million in 2018 alone!
August 26, 2019
Ciara and Russell Wilson Are Now Co-Owners of a Pro Sports Franchise
Celebrity couple Ciara and Russell Wilson are now both making boss moves in the sports industry. They have just purchased ownership stakes to become co-owners of the Seattle Sounders FC, a professional Major League Soccer team!
July 3, 2019
At 23-Years Old, She Had Already Become the Only Black Woman in St. Louis to Own a Pro Sports Team
The sports industry is known to be dominated by men. But Khalia Collier didn't let that stop her from owning her own sports team back in 2011. At just the age of 23, Collier became the owner and general manager of the St. Louis Surge, the only women's professional basketball team in St. Louis, Missouri
June 26, 2019
Serena Williams Finally Featured on Wheaties Cereal Box
Many are saying that it was long overdue, but tennis superstar Serena Williams is finally gracing the cover of the iconic Wheaties cereal box known as "The Breakfast of Champions." Being featured on the box has a long been a tradition of honoring legendary sports icons.
May 6, 2019
Byron Allen Becomes First African American to be Part of a $10 Billion Media Acquisition
Disney has finalized its deal to sell 21 Fox regional sports networks to Sinclair Broadcast Group in a transaction valued at $10.6 billion. Byron Allen, the entrepreneur behind Entertainment Studios and the owner of the Weather Channel, has teamed with Sinclair as an equity and content partner in the newly formed Diamond Holding Group.
April 22, 2019
Magic Johnson and Ice Cube to Acquire Sports Networks From Disney
Basketball legend and entrepreneur, Earvin "Magic" Johnson, is joining the bidding group of rapper, actor, and entrepreneur, O'Shea "Ice Cube" Jackson Sr. to acquire 21 Regional Sports Networks (RSN) from Walt Disney Co.
March 20, 2019
Meet Cynthia Marshall, the CEO of the NBA's Dallas Mavericks
In 2018, the Dallas Mavericks hired Cynthia “Cynt” Marshall to become the franchise’s new CEO. Cynthia grew up in Richmond, CA, and earned degrees in business administration and human resources management from the University of California-Berkeley. In addition, she holds honorary doctorate of humane letters degrees from Livingstone College and Bennett College.
February 13, 2019
5 Famous Black Athletes Turned Entrepreneurs
Although professional athletes are known for having one of the highest paying professions in the world, this doesn’t stop many of them from pursuing entrepreneurial endeavors. In fact, a few of these athletes end up making more from their business ventures than from their time as an athlete.
January 16, 2019
Meet the Couple Behind New York City's First Ever Black-Owned Professional Sports Team
Corey and Tamara Galloway had always dreamed of having a professional sports team in New York City. Now, the power couple themselves have made history by giving NYC it's first ever Black-owned sports team, and have became two of very few African Americans who outright own a professional sports franchise.
November 8, 2018
Ice Cube and LL Cool J Unsuccessful in Purchasing 22 Regional Sports TV Networks Worth Billions
Rap legends turned actors, Ice Cube and LL Cool J, joined forces, this time not as musicians, but as part of a dynamic group of investors hoping to place a bid on 22 regional sports television networks that the U.S. Justice Dept is forcing Disney to sell after their previous $71 billion acquisition of 21st Century Fox. Sadly though, their bid was not accepted.
October 29, 2018
Former NBA Star Allen Iverson Still Gets Paid $800K a Year from Reebok
Former NBA star Allen Iverson, who last played an NBA game more than eight years ago, is still receiving a hefty amount of money from athletic apparel and footwear brand, Reebok. In fact, he is reportedly getting paid $800,000 a year from the brand and the CEO of company believes he's still worth it.
September 10, 2018
First Black-Owned Baseball Glove Company Makes History with Major League Baseball
February 27, 2018
Meet The First Black Woman to Own a NASCAR Team
October 14, 2016
$62 Million Dollars Gone -- Another NBA Player Files For Bankruptcy
Darius Miles, a former player for the L.A. Clippers star, has filed for bankruptcy. The 6 ft 9 in professional basketball player was the 3rd overall pick in the 2000 NBA draft and played for the Los Angeles Clippers. His nine-year contract earned him $62 million, but now it's gone. It's hard to comprehend $62 million gone so quickly. What happened?